Showing 1 - 4 of 4
Persistent link: https://www.econbiz.de/10003308060
Persistent link: https://www.econbiz.de/10003909187
Persistent link: https://www.econbiz.de/10003382717
This paper characterizes long-run outcomes for broad classes of symmetric games, when players select actions on the basis of average historical performance. Received wisdom is that when agent's interests are partially opposed, behavior is excessively competitive: ``keeping up with the Jones' ''...
Persistent link: https://www.econbiz.de/10011940661